Simplified Annual Compliance for One Person Company (OPC) by Oxom Consultancy Hub
Running a One Person Company (OPC) in India gives entrepreneurs the power of a corporate structure with the flexibility of a small business. But to stay compliant and maintain your legal status, you must fulfill the annual compliance requirements as per the Companies Act, 2013.
At Oxom Consultancy Hub, we make OPC compliances simple, fast, and affordable β so you can focus on growing your business while we take care of the legal filings.
π‘ What is OPC Compliance?
A One Person Company (OPC) allows a single entrepreneur to operate as a company with limited liability and separate legal status.
Every OPC registered under the Companies Act, 2013 is required to report its financials and other statutory information annually to the Registrar of Companies (ROC).
The compliance requirements are fewer than for Private Limited Companies β but mandatory. Failure to file can result in penalties and legal issues.
βοΈ Why is Annual Compliance Important?
Filing your annual compliances ensures that:
β
Your OPC remains in good legal standing with the MCA
β
You avoid heavy penalties or disqualification of the director
β
You maintain business credibility with clients, banks, and investors
β
You stay compliant for loans, tenders, and future funding
π¦ Oxom Consultancy Hub OPC Compliance Package
Our comprehensive compliance package covers everything your OPC needs for the year:
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Preparation of Financial Statements
β
Drafting of Annual Report
β
Directorβs Report and KYC
β
Income Tax Return (ITR) filing for Company
β
Filing of Form AOC-4 (Financial Statements)
β
Filing of Form MGT-7 (Annual Return)
β
Filing of Form INC-20A (Commencement of Business)
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Audit coordination and documentation support
π° Our Affordable Compliance Packages
We offer transparent pricing designed for small businesses and startups:
| Package Type | Services Covered | Price (βΉ) | First-Year Discount* |
|---|---|---|---|
| Basic | AOC-4, MGT-7, ITR Filing | βΉ7,999 | Up to 25% off for members |
| Standard | Includes Auditor Appointment, Director KYC, Financial Statements | βΉ10,999 | Up to 25% off for members |
| Premium | Full Compliance + Post-filing Support + Audit Coordination | βΉ14,999 | Up to 25% off for members |
First-Year Offer:
π Get up to 25% off on all packages by becoming a member of Oxom Consultancy Hub.
Membership Fee: βΉ1499 for 3 years (one-time annual fee).
Members also receive free compliance reminders, document templates, and expert support.
π§Ύ Documents Required
To begin the compliance filing, youβll need the following:
- Certificate of Incorporation
- MOA & AOA of the Company
- Digital Signature Certificate (DSC) of the Director
- Companyβs Bank Statement
- PAN of the Company
πͺ Step-by-Step Process of OPC Compliance with Oxom
- Document Collection β Share your documents securely via email or WhatsApp.
- Preparation of Filings β We prepare all necessary financial and legal forms.
- Balance Sheet Finalization β We coordinate with your accountant/auditor to finalize reports.
- Board Resolutions & Notices β Drafting and documentation as per MCA norms.
- ROC Filings β We file AOC-4, MGT-7, and related forms online.
- Confirmation & Support β You receive acknowledgment and post-filing guidance.
β Compliance Checklist for OPC (Annual)
| S.No | Particulars | Due Date / Frequency |
|---|---|---|
| 1 | Form INC-20A β Commencement of Business | Within 180 days of incorporation |
| 2 | Board Meetings | Minimum 2 per year (one per half) |
| 3 | Director KYC (DIR-3 KYC) | 30th September each year |
| 4 | Financial Statement (AOC-4) | 180 days from FY end |
| 5 | Annual Return (MGT-7) | 180 days from FY end |
| 6 | Income Tax Return (Company) | 30th September |
| 7 | Appointment of Auditor (ADT-1) | Within 30 days of incorporation |
| 8 | MSME Return (Form MSME-1) | Half-yearly |
| 9 | DPT-3 (Deposits Return) | 30th June each year |
| 10 | Maintenance of Registers & Records | Continuous |
β Frequently Asked Questions (FAQs)
Q1. Is AGM mandatory for OPC?
No, OPCs are exempt from holding Annual General Meetings (AGM).
Q2. Is audit compulsory for OPC?
Yes, all OPCs must get their books of accounts audited annually by a Chartered Accountant.
Q3. Do I need to hold Board Meetings?
OPCs need to hold at least two board meetings every year.
Q4. What happens if I miss compliance deadlines?
You may face penalties, late fees, and legal notices from ROC or Income Tax Department.
Q5. Can Oxom Consultancy Hub handle my filings online?
Yes! Our process is 100% online β we manage everything digitally across India.
π Get Started Today
Stay compliant. Stay stress-free.
Let Oxom Consultancy Hub manage your OPC compliance while you grow your business.
π Serving Entrepreneurs Across India
π Call Us: +91 93958 33875
π¬ WhatsApp: +91 88221 41501
π§ Email: info@oxomconsultancyhub.in